Democratic presidential nominee Joe Biden raised $154.5 million more in campaign funds in August than President Donald Trump. This likely gives the former vice president's campaign a significant funding edge for the last two months of the race.
WASHINGTON — Democratic presidential nominee Joe Biden topped President Donald Trump in August fundraising by $154.5 million, likely giving the former vice president's campaign a significant funding edge for the final two months of the race.
Neither campaign disclosed how much money they have left to spend before Election Day on Nov. 3. Biden is believed to hold a cash-on-hand advantage because both candidates had near the same balance entering August. Last month, the Biden campaign boasted a campaign war chest of $294 million still to spend after August, compared to $300 million for Trump.
"That figure blows me away," Biden said in an email to supporters last week."And we raised it the right way, from people across the country stepping up to own a piece of this campaign, investing in the future we want to see for our kids and grandkids.” The big month for Biden comes after Trump outraised Biden by $25 million – $165 million to $140 million – in July, ending a stretch of back-to-back months where the Biden campaign topped the incumbent president in campaign fundraising.
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